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Future Mortgages – Future 95

Friday, 12 October 2001.

Type: Tracker mortgage.

Tracker term: Term of loan.

Tracker rate: LIBOR plus 3.5 per cent.

Minimum loan: £10,000.

Maximum loan: Up to 95 per cent of valuation subject to a maximum

of £200,000.

Income multiples: 3.75 times principal income plus second or 3.25

times joint.

Arrangement fee: 1 per cent subject to a minimum of £495, maximum

of £1,000.

Redemption fee: Five months&#39 interest in year one, four

months&#39 in year two, three months&#39 in year

three, two months&#39 in year four, one month&#39s


Conditions: Maximum four months&#39 arrears none in last

six months, any number of CCJs subject to a maximum of £4,000

none in last six months.

Introducer&#39s fee: 0.75 per cent subject to a minimum of

£350, maximum £1,000.

Tel: 0800 3891221.



L&G looks to protect Isa investors

Legal & General&#39s protected portfolio is a capital protected individualsavings account (Isa) aimed at cautious investors who still want toinvest in the stockmarket but who want the reassurance of someprotection for their money.Capital will be invested over five years in zero dividend coupons froma portfolio of 30 stocks chosen from 200 of the biggest companies […]

Delph Property Group – First Property Investment

Friday, 12 October 2001.Type: Enterprise investment scheme.Aim: Income and growth by investing in property.Minimum investment: £15,000.Opening-closing date: October 13, 2001-until further notice.Commission: Subject to negotiation.Tel: 020 7907 5555.

Exeter Fund Managers – Hidden Value Portfolio

Monday, 15 October 2001.Type: Oeic.Aim: Income and growth by investing in UK equities.Minimum investment: Lump sum £50,000.Investment split: 100 per cent in UK equities.Isa link: No.Pep transfers: No.Charges: Initial 1 per cent, annual 1 per cent.Tel: 0808 0393837. 

BWD Rensburg – BWD Aggressive Growth Trust

Friday, 12 October 2001.Type: Unit trust.Aim: Growth by investing in UK equities.Minimum investment: Lump sum £500, monthly £25.Investment split: 100 per cent UK equities.Isa link: Yes.Pep transfers: Yes.Charges: Initial 5.25 per cent, annual 1.5 per cent.Commission: Initial 3 per cent, renewal 0.5 per cent.Tel: 0800 7316028.

Retirement - thumbnail

A downhill stroll?

The Department for Work and Pensions (DWP) has recently published new research, which once again demonstrates how the prospect of retirement is changing for older workers.


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